How To Grow Your Business And Maintain Relationships

Kim Kaupe describes herself as an accidental entrepreneur. She was under no illusions when, at just 25, she took the opportunity to start Bright Ideas Only — which offers fan engagement strategies for music, sports, events, and brands — and knew the huge majority of startups fail. however, against those odds, her business succeeded .
She has besides become an educator, and is launching her first LinkedIn course, ‘ Career Capital ’ and Host of Coffee With Kim Podcast. The naturally helps people identify the capital they have earned throughout their career, and how that can be used to engage others, whether it ’ s looking for a new challenge or persuading a bos that a pay-rise is deserved .

But whether as an entrepreneur or when using career das kapital, unmanageable conversations are inevitable. Kaupe shared some of what she has learned over the years about having those conversations with co-founders, loved ones, and with others when things go faulty.



If she could start again, divorce would be the inaugural thing Kaupe would discuss with her co-founder. It might seem counter-intuitive, when starting a fresh business, to think about how it might all end badly. however, as Kaupe realized when she started, the statistics suggest that, good like marriage, many businesses will see their founders part ways .
“ They are like the burpees of business, ” Kaupe jokes. “ When you hear a flight simulator tell you to do burpees, it ’ s the last thing you want, but you know it ’ s going to make you better and stronger. ” When it comes to a business, there are many things that can change the moral force, from a tragic accident to a laminitis merely deciding it ’ south clock time to move on .
much these conversations are put off because it feels like times are good and there ’ s no need to rock the gravy boat. Besides, there are plenty of other worries and challenges when you are starting a business. But they are best discussed before things get rocky. “ You actually need to have these conversations when times are good, ” say Kaupe. “ I always tell people get a nice bottle of wine or their favored bite and excavation into these issues. ”

Friends and family

Running a business means investors, staff, and customers will all demand your attention. But frequently, it ’ s those closest that lose out, normally unintentionally. You might never have decided to drop that hebdomadally night-out with friends, but while you face a different problem each week, your friends only notice that you never meet them anymore .
however, being open and honest with them from the startle can avoid a bunch of trouble. Kaupe uses an model of a hebdomadally brunch with friends she avoided when, in her early days, money was close. It wasn ’ thyroxine until she explained to her friends that they realized that she wasn ’ thymine barely ignoring them. Once she ’ d explained, Kaupe recalls, “ my friends were so sweet. They said, ‘ Hey, rather of going out to brunch, every unmarried Sunday, why do n’t we pick a copulate of brunches and all make pancakes at home. ’ They found a way to include me that did n’t make me feel uncomfortable or feel like I was putting anybody out. ”
The moral is to think about not barely about the decisions you take, but how those close to you might perceive them, and address it early. “ You need to have those conversations with people to say, ‘ hey, I ‘m going to be starting this new business, and I might not be ampere available as earlier. We need to come up with a system where you can help me prioritize. ’ ”
When things go wrong
There will always be unanticipated obstacles in commercial enterprise. Kaupe has two suggestions on how to manage those difficult discussions. First, convey in the means they communicate, and second, remember that you can constantly pause .
hard conversations are made harder when you aren ’ t communicating the same direction. This might be a dim-witted as considering the medium : your e-mail culture might not work when dealing with investors who want to deal with things face-to-face. But this cuts across every aspect of communication. Making indisputable you understand the early side, from how they like to do clientele, to how they process information, will make the discussion clear and easier .
And, when you are having those conversations, remember that you can constantly take a moment, or even a day. “ Sometimes it ‘s actually brawny to take a hesitate and say, let me get back to you on that. There ‘s power in the pause, ” says Taupe. Taking the time can help you better understand the position, and avoid a quick reaction to a situation .
Finally, be part of a community
Kaupe ’ s biggest tip, though, is to find people like you for support. Whether that ’ s finding people in person, or joining a virtual group with people around the earth, having a supportive network can make a huge dispute.

“ For me, confidence comes with residential district, ” she explains. “ When I am surrounded by early founders who are going through the lapp things, or leaders that are going through the lapp challenges as me, it gives me assurance and confidence that I can get through it besides. ”
Listen to Kim ’ s wax episode here .

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